transfer 1,00O USD from Islamic Bank (USD) toBank of Palestine (NIS), equivalent NIS 3,500 (a)What are the journal entries you will record forthis transfer between banks, given that there is20 USD as bank transfer commission? (b) Writethe journal entries to recognize transfer 1,000USD from the university cash box USD, to theuniversity cash box 3,500 NIS. That is transferwithout any commission.

Particulars Debit(dr) Credit(cr) (A) Bank of Palestine Dr…

Answered: ansfer 1,000 US ank of Palestine /hat…

FINANCIAL ACCOUNTING

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Chapter1: Financial Statements And Business Decisions

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ansfer 1,000 US ank of Palestine /hat are the jour nis transfer betw